Banks must strengthen vendor risk management
Financial institutions must take a more proactive role in managing third-party vendor risk amid SR 26-2 and broader regulatory uncertainty. SR 26-2 is federal guidance on how...
Risk & Security
Chainguard, cyberfirms use AI to hunt for open-source flaws
More than two dozen companies including JPMorgan Chase & Co. and an array of cybersecurity firms are collaborating to remedy...
Anthropic releases Mythos 5 and Fable 5
Anthropic launched Claude Fable 5 today along with the release of the much-anticipated Mythos 5 to select cyber security firms...
Fenergo AI agents save 18K hours of compliance work annually
Fenergo is eliminating thousands of hours spent on compliance and onboarding processes with agentic AI, signaling a shift in the banking industry. The...
Nvidia launches AI-driven fraud detection tool
Financial institutions are abandoning fragmented AI architectures in favor of unified transaction foundation models, and early results suggest the shift...
Trump postpones signing AI security order over parts he disliked
President Donald Trump said he called off the signing of an executive order that would address cybersecurity concerns raised by...
National Bank of Canada taps Sardine for AI fraud prevention
National Bank of Canada has deployed fintech Sardine's agentic AI solution for financial crime prevention as part of a multiyear...
FIs wary of OpenClaw security risks
Financial institutions are largely keeping OpenClaw, the fast-growing open-source AI agent platform, off of their corporate networks. The move cuts across banks and credit unions, where compliance teams...
JPM’s Dimon: Anthropic should release Mythos AI details
JPMorgan Chase Chief Executive Jamie Dimon is calling on Anthropic to release details of its Mythos AI model to allow the industry to assess it and mitigate potential risks. During the webinar, “The Briefing:...
Anthropic, FIS to launch AI agent for AML
Fintech FIS and Anthropic are joining forces to build an AI agent for anti-money laundering in banking. FIS began developing the solution after observing that the...
